Fox News Hourly Update – January 21, 2026

President Trump Says Framework of Potential Deal Reached Over Greenland

Episode Overview

This episode covers significant breaking stories in U.S. and global politics, with a primary focus on President Trump announcing a new framework for a potential deal regarding Greenland after side meetings at the World Economic Forum. The update also features major domestic enforcement changes within ICE, new political bids by key January 6 figures, legal updates on Johnson & Johnson's talc lawsuits, and noteworthy developments in sports and regulatory hearings.

Key Discussion Points and Insights

1. Breakthrough on Greenland Deal

• President Trump announced progress on a potential long-term deal involving Greenland following meetings with NATO Secretary General Mark Rutte at the World Economic Forum in Switzerland.
  • Trump emphasized the historic nature of the agreement:

    "It’s a long term deal. It's the ultimate long term deal." – President Trump (00:09)

• Immediate Impact: Trump also cancelled looming tariffs against several European nations, which were scheduled for next month.
• Danish Response: Danish officials—though firm on the stance that "Greenland is not for sale"—now indicate that open talks can begin.
  • Edward Lawrence explained the shift:

    “Whereas the two sides were sort of dug into their corners with this threat of tariffs, now he’s saying that there actually can be talks related to this deal going forward.” (00:36)

• Geopolitical Context: Trump reiterated that U.S. interest in ownership was prompted by concerns over Russian and Chinese influence in the Arctic region.
• Market Reaction: Markets rebounded strongly after the tariff threat was removed (00:56):
  • Dow: +588 points
  • Nasdaq: +270 points
  • S&P: +78 points

2. ICE to Enter Private Homes with Administrative Warrants

• Internal Memo Leak: FOX confirmed reporting that ICE is preparing to enter private homes to enforce removal orders using only administrative warrants—not court-issued ones.
  • Trisha McLaughlin, DHS spokesperson:

    “Anyone being served an administrative warrant has already had full due process.” (01:32)

• The practice is expected to be legally challenged, as current public guidance advises residents not to open doors for federal agents without a judicial warrant.

3. Winter Storm Emergency Declarations

• States Affected: South Carolina and Texas declared states of emergency ahead of a predicted “blockbuster winter storm.” (01:47)

4. Updates on January 6 Defendant’s Political Bid

• David Medina: A January 6 participant, whose federal charges were dismissed following a Trump pardon, has announced a run for Oregon governor.
  • Megan Alexander summarized:

    “Medina, a Republican based outside of Portland, announcing a run for Oregon governor Tuesday. His campaign website says he’s become one of the leading conservative voices in one of America’s most progressive regions, calling for extraordinary change.” (02:36)

• Election Landscape:
  • Incumbent: Gov. Tina Kotak (D)
  • Other challenger: Christine Drazen (R), 2022 runner-up

5. Ticketmaster to Testify in Senate

• Antitrust/Consumer Pricing Hearing: Ticketmaster set to address the Senate next month over “unfair ticket prices.” (03:07)

6. Johnson & Johnson Talc Litigation Update

• Plaintiffs in a massive consolidated lawsuit over claims of cancer from Johnson & Johnson’s talc can use expert testimony in the upcoming federal trial.
  • Edward Lawrence reported:

    “A retired federal judge… rules it [the testimony] meets the necessary standards to be used as evidence at trial later this year.” (03:25)

7. Sports News: Cody Bellinger Signs with Yankees

• Details:
  • Contract: 5 years/$162.5 million
  • $20 million signing bonus
  • No-trade clause
  • Opt-outs after 2027 or 2028 (03:53)

Notable Quotes & Memorable Moments

• “It’s a long term deal. It’s the ultimate long term deal.”
  — President Trump (00:09)
• “Whereas the two sides were sort of dug into their corners with this threat of tariffs, now he’s saying that there actually can be talks related to this deal going forward.”
  — Edward Lawrence (00:36)
• “Anyone being served an administrative warrant has already had full due process.”
  — Trisha McLaughlin, DHS (01:32)
• “Medina…announcing a run for Oregon governor Tuesday. His campaign website says he’s become one of the leading conservative voices in one of America’s most progressive regions, calling for extraordinary change.”
  — Megan Alexander (02:36)
• “A retired federal judge…rules it meets the necessary standards to be used as evidence at trial later this year.”
  — Edward Lawrence (03:25)

Important Timestamps

• Greenland Deal Announcement/Market Reaction: 00:03–00:59
• ICE Enforcement Changes: 01:14–01:47
• Winter Weather Warnings: 01:47–02:07
• January 6 Political Candidate Segment: 02:07–03:07
• Ticketmaster Senate Testimony Preview: 03:07–03:21
• Johnson & Johnson Lawsuit Update: 03:21–03:53
• Cody Bellinger Yankees Signing: 03:53–04:13

Summary

This episode delivers key takeaways from the global stage to local politics and consumer headlines, with President Trump’s Greenland deal framework as the centerpiece. The removal of tariffs triggered a strong market rebound and opened diplomatic channels, while simultaneous shifts in ICE enforcement policy and high-profile state and federal lawsuits signal big policy and legal battles to come. Notably, former January 6 defendants are now entering the political arena. The episode wraps with the latest industry and sports news, reflecting a fast-moving, multifaceted news day.